Absorption Report: Naples, FL | Homes by Marco

Absorption Report


Absorption Report

The absorption rate is essentially the total number of months that it would take to sell all of the current listings in a particular market. These ratings are in a constant state of fluctuation, based on supply and demand, and usually involve all homes sold within the previous six-month period. A lower absorption rate means that the property will likely take a bit longer to sell, and conversely, a higher number indicates that the property is likely to sell much faster. Both buyers and sellers can use this data to help predict sales activity and home prices for the property in question. For example, if a homeowner lives in a market with an absorption rate of 5-months and is also anxious to sell due to a job transfer, then it might be in his or her best interest to be more aggressive in the listing price.

Seller's
Market
Balanced
Market
Buyer's
Market
< 5 months Inventory 5 months Inventory > 5 months Inventory

Houses 14% of available homes are currently under contract

List Price Available # of Homes Available Sold Last 6 Months Sold in Last 6 Months Under Contract
Last 30 days
Sold in Last 6 Months
Absorption Rate Absorption Rate Months of Inventory Months of Inventory
76k-100k 1 1 0.2 0
201k-225k 1 0.2 0
226k-250k 1 0
251k-275k 4 2 0.1 12
276k-300k 5 1 0 30
301k-325k 2 6 0.5 2
326k-350k 12 13 5 0.2 5.5
351k-375k 9 17 1 0.3 3.2
376k-400k 23 25 6 0.2 5.5
401k-425k 16 37 6 0.4 2.6
426k-450k 42 56 8 0.2 4.5
451k-475k 32 57 7 0.3 3.4
476k-500k 61 77 7 0.2 4.8
501k-550k 125 126 12 0.2 6
551k-600k 153 123 14 0.1 7.5
601k-650k 139 111 20 0.1 7.5
651k-700k 159 100 18 0.1 9.5
701k-750k 113 109 7 0.2 6.2
751k-800k 120 75 17 0.1 9.6
801k-850k 109 67 5 0.1 9.8
851k-900k 99 57 7 0.1 10.4
901k-950k 57 35 4 0.1 9.8
951k-1m 95 45 7 0.1 12.7
1m-1.1m 89 49 7 0.1 10.9
1.1m-1.2m 99 61 17 0.1 9.7
1.2m-1.3m 89 39 7 0.1 13.7
1.3m-1.4m 56 34 6 0.1 9.9
1.4m-1.5m 59 29 7 0.1 12.2
1.5m-1.6m 38 28 7 0.1 8.1
1.6m-1.7m 52 19 3 0.1 16.4
1.7m-1.8m 46 24 6 0.1 11.5
1.8m-1.9m 32 24 3 0.1 8
1.9m-2m 34 19 2 0.1 10.7
2m-2.25m 45 25 7 0.1 10.8
2.25m-2.5m 60 23 5 0.1 15.7
2.5m-2.75m 31 21 3 0.1 8.9
2.75m-3m 61 18 4 0 20.3
3m-3.5m 69 22 7 0.1 18.8
3.5m-4m 58 26 9 0.1 13.4
4m-4.5m 36 13 2 0.1 16.6
4.5m-5m 34 15 3 0.1 13.6
5.01m-6m 69 18 5 0 23
6.01m-7m 50 10 5 0 30
7.01m-8m 38 8 2 0 28.5
8.01m-9m 27 9 3 0.1 18
9.01m-10m 28 7 3 0 24
10.01m-11m 15 2 1 0 45
11.01m-12m 20 4 0 30
12.01m-13m 15 1 0 90
13.01m-14m 14 1 0 84
14.01m-15m 14 0
15.01m-16m 10 0
16.01m-17m 5 2 0.1 15
17.01m-18m 3 1 1 0.1 18
18.01m-19m 3 0
19.01m-20m 8 0
20.01m-21m 3 0
21.01m-22m 3 1 1 0.1 18
23.01m-24m 3 0
25.01m-26m 4 0
26.01m-27m 2 0
27.01m-28m 2 0
28.01m-29m 1 0
29.01m-30m 1 1 0.2 6
32.01m-33m 1 0
34.01m-35m 3 0
35.01m-36m 1 0
43.01m-44m 1 0
44.01m-45m 1 1 0.2 6
49.01m-50m 1 0
59.01m-60m 2 0
98.01m-99m 1 0
174.01m-175m 1 0
294.01m-295m 1 0

Townhouses 15% of available homes are currently under contract

List Price Available # of Homes Available Sold Last 6 Months Sold in Last 6 Months Under Contract
Last 30 days
Sold in Last 6 Months
Absorption Rate Absorption Rate Months of Inventory Months of Inventory
201k-225k 1 0
251k-275k 1 0.2 0
276k-300k 3 3 0.2 6
301k-325k 1 0.2 0
326k-350k 1 4 0.7 1.5
351k-375k 8 10 0.2 4.8
376k-400k 8 4 1 0.1 12
401k-425k 11 6 1 0.1 11
426k-450k 13 10 1 0.1 7.8
451k-475k 13 10 3 0.1 7.8
476k-500k 15 15 5 0.2 6
501k-550k 7 11 0.3 3.8
551k-600k 10 5 0.1 12
601k-650k 3 1 0.1 18
651k-700k 1 1 0.2 6
701k-750k 3 0
751k-800k 1 1 0.2 6
1.7m-1.8m 1 0
1.8m-1.9m 1 0
2m-2.25m 1 0.2 0
2.25m-2.5m 3 0

Condos 10% of available homes are currently under contract

List Price Available # of Homes Available Sold Last 6 Months Sold in Last 6 Months Under Contract
Last 30 days
Sold in Last 6 Months
Absorption Rate Absorption Rate Months of Inventory Months of Inventory
76k-100k 1 0.2 0
101k-125k 7 1 1.2 0
126k-150k 11 3 0 22
151k-175k 13 8 1 0.1 9.8
176k-200k 27 37 9 0.2 4.4
201k-225k 35 43 7 0.2 4.9
226k-250k 51 44 6 0.1 7
251k-275k 77 69 13 0.1 6.7
276k-300k 139 81 14 0.1 10.3
301k-325k 82 69 6 0.1 7.1
326k-350k 156 74 15 0.1 12.6
351k-375k 123 52 4 0.1 14.2
376k-400k 127 62 9 0.1 12.3
401k-425k 95 47 6 0.1 12.1
426k-450k 100 37 8 0.1 16.2
451k-475k 61 32 4 0.1 11.4
476k-500k 93 31 8 0.1 18
501k-550k 134 42 14 0.1 19.1
551k-600k 104 51 8 0.1 12.2
601k-650k 80 35 4 0.1 13.7
651k-700k 70 29 6 0.1 14.5
701k-750k 48 25 6 0.1 11.5
751k-800k 59 21 7 0.1 16.9
801k-850k 42 12 2 0 21
851k-900k 62 20 2 0.1 18.6
901k-950k 37 21 1 0.1 10.6
951k-1m 41 11 4 0 22.4
1m-1.1m 46 15 2 0.1 18.4
1.1m-1.2m 50 18 2 0.1 16.7
1.2m-1.3m 48 20 3 0.1 14.4
1.3m-1.4m 46 9 4 0 30.7
1.4m-1.5m 34 5 0 40.8
1.5m-1.6m 23 9 2 0.1 15.3
1.6m-1.7m 23 7 1 0.1 19.7
1.7m-1.8m 30 6 3 0 30
1.8m-1.9m 28 5 2 0 33.6
1.9m-2m 22 12 1 0.1 11
2m-2.25m 37 10 2 0 22.2
2.25m-2.5m 55 7 2 0 47.1
2.5m-2.75m 38 9 2 0 25.3
2.75m-3m 30 8 3 0 22.5
3m-3.5m 39 9 2 0 26
3.5m-4m 23 10 2 0.1 13.8
4m-4.5m 21 4 0 31.5
4.5m-5m 11 4 2 0.1 16.5
5.01m-6m 13 6 0.1 13
6.01m-7m 17 8 1 0.1 12.8
7.01m-8m 8 1 0 48
8.01m-9m 5 1 1 0 30
9.01m-10m 4 0
10.01m-11m 4 2 0.1 12
11.01m-12m 2 0
12.01m-13m 3 0
14.01m-15m 2 0
16.01m-17m 1 0
19.01m-20m 1 0
29.01m-30m 2 0
44.01m-45m 1 0

Land 7% of available homes are currently under contract

List Price Available # of Homes Available Sold Last 6 Months Sold in Last 6 Months Under Contract
Last 30 days
Sold in Last 6 Months
Absorption Rate Absorption Rate Months of Inventory Months of Inventory
1k-25k 6 5 1 0.1 7.2
26k-50k 25 17 3 0.1 8.8
51k-75k 55 19 3 0.1 17.4
76k-100k 58 23 5 0.1 15.1
101k-125k 51 25 1 0.1 12.2
126k-150k 56 31 6 0.1 10.8
151k-175k 28 12 2 0.1 14
176k-200k 47 8 2 0 35.3
201k-225k 26 6 1 0 26
226k-250k 35 7 2 0 30
251k-275k 16 2 1 0 48
276k-300k 36 5 1 0 43.2
301k-325k 12 3 0 24
326k-350k 16 6 1 0.1 16
351k-375k 8 4 0.1 12
376k-400k 15 5 1 0.1 18
401k-425k 1 5 0.8 1.2
426k-450k 13 1 0 78
451k-475k 6 2 0.1 18
476k-500k 20 4 2 0 30
501k-550k 10 4 1 0.1 15
551k-600k 10 1 0 60
601k-650k 4 2 0.1 12
651k-700k 12 1 0 72
701k-750k 8 0
751k-800k 17 2 2 0 51
801k-850k 2 3 2 0.3 4
851k-900k 4 0
901k-950k 6 0
951k-1m 6 0
1m-1.1m 9 1 1 0 54
1.1m-1.2m 3 1 0.1 18
1.2m-1.3m 9 4 1 0.1 13.5
1.3m-1.4m 2 0
1.4m-1.5m 5 0
1.5m-1.6m 2 1 0.1 12
1.6m-1.7m 3 0
1.8m-1.9m 2 1 1 0.1 12
1.9m-2m 4 1 0 24
2m-2.25m 6 1 0 36
2.25m-2.5m 7 0
2.5m-2.75m 7 0
2.75m-3m 10 1 1 0 60
3m-3.5m 13 1 0 78
3.5m-4m 6 3 1 0.1 12
4m-4.5m 3 0
4.5m-5m 10 1 0 60
5.01m-6m 5 0
6.01m-7m 4 0
7.01m-8m 9 0
8.01m-9m 1 0
9.01m-10m 2 0
10.01m-11m 1 0.2 0
12.01m-13m 1 0
17.01m-18m 1 0
19.01m-20m 2 0
24.01m-25m 1 0
31.01m-32m 1 0.2 0
62.01m-63m 1 0